Bitcoin's price declined by 1% to $114,437.94 over the past 24 hours, even as Japan-based Metaplanet acquired an additional 5,419 BTC for $632 million. This purchase boosts Metaplanet's total Bitcoin holdings to over 25,500 BTC, valued at approximately $2.71 billion, positioning it as the fifth-largest corporate Bitcoin holder. Meanwhile, MicroStrategy's Michael Saylor has suggested the company may continue its strategy of purchasing Bitcoin during price dips. On-chain data reveals increased transaction volumes and a decrease in exchange holdings, indicating strong confidence among major holders. Technical analysis shows Bitcoin trading above its 50-day simple moving average, with resistance at $123,731 and support at $110,408.